Goldberg, Pinelopi K.; Reed, Tristan - National Bureau of Economic Research - 2023
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post … the 2008-09 financial crisis. Yet profound changes in the policy environment and public sentiment in the largest economies … competition from low-wage countries, especially China, laid the groundwork, but was not the catalyst for the reversal in attitudes …